Devyani International Balance Sheet Health
Financial Health criteria checks 2/6
Devyani International has a total shareholder equity of ₹14.5B and total debt of ₹9.5B, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are ₹53.3B and ₹38.8B respectively. Devyani International's EBIT is ₹2.6B making its interest coverage ratio 1.2. It has cash and short-term investments of ₹2.3B.
Key information
65.3%
Debt to equity ratio
₹9.50b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹2.28b |
| Equity | ₹14.55b |
| Total liabilities | ₹38.77b |
| Total assets | ₹53.32b |
Recent financial health updates
Recent updates
Some May Be Optimistic About Devyani International's (NSE:DEVYANI) Earnings
Nov 21
Analysts Are Updating Their Devyani International Limited (NSE:DEVYANI) Estimates After Its Interim Results
Nov 14Devyani International Limited's (NSE:DEVYANI) Share Price Not Quite Adding Up
Nov 04Devyani International (NSE:DEVYANI) Shareholders Will Want The ROCE Trajectory To Continue
Sep 30Devyani International Limited Just Recorded A 25% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 08Revenues Not Telling The Story For Devyani International Limited (NSE:DEVYANI)
Jul 25Devyani International's (NSE:DEVYANI) Soft Earnings Don't Show The Whole Picture
May 22The Return Trends At Devyani International (NSE:DEVYANI) Look Promising
Mar 28Devyani International Limited's (NSE:DEVYANI) Share Price Could Signal Some Risk
Mar 02Is Devyani International (NSE:DEVYANI) Using Too Much Debt?
Jan 24Devyani International (NSE:DEVYANI) Is Experiencing Growth In Returns On Capital
Nov 10Returns Are Gaining Momentum At Devyani International (NSE:DEVYANI)
Jul 04Does Devyani International (NSE:DEVYANI) Deserve A Spot On Your Watchlist?
May 22Devyani International (NSE:DEVYANI) Is Looking To Continue Growing Its Returns On Capital
Mar 28Devyani International Limited's (NSE:DEVYANI) Shares May Have Run Too Fast Too Soon
Feb 11Devyani International (NSE:DEVYANI) Is Looking To Continue Growing Its Returns On Capital
Dec 25Earnings Miss: Devyani International Limited Missed EPS By 18% And Analysts Are Revising Their Forecasts
Nov 07Returns At Devyani International (NSE:DEVYANI) Are On The Way Up
Sep 12We Think That There Are Issues Underlying Devyani International's (NSE:DEVYANI) Earnings
May 10Financial Position Analysis
Short Term Liabilities: DEVYANI's short term assets (₹5.4B) do not cover its short term liabilities (₹10.9B).
Long Term Liabilities: DEVYANI's short term assets (₹5.4B) do not cover its long term liabilities (₹27.8B).
Debt to Equity History and Analysis
Debt Level: DEVYANI's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: DEVYANI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DEVYANI's debt is well covered by operating cash flow (83.1%).
Interest Coverage: DEVYANI's interest payments on its debt are not well covered by EBIT (1.2x coverage).